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Patrice Hill

Patrice Hill

Patrice Hill has been chief economics correspondent at The Washington Times since 1994. She previously was a Washington correspondent for the Daily Bond Buyer and worked for Securities Week and Inside E.P.A. She started her career writing a consumer action column carried by the Riverside Press-Enterprise, Baltimore Sun, Chicago Tribune and other newspapers.

Her feature stories showing how the average guy is affected by significant economic trends have earned more than a dozen awards from the Maryland-D.C. Press Association, the Chesapeake-AP Press Association, the Virginia Press Association and the Society for Professional Journalists. She is a graduate of Oberlin College.

She can be reached at phill@washingtontimes.com.

Articles by Patrice Hill

Supporters of former presidential candidate Andres Manuel Lopez Obrador cheer during a protest against the proposed energy reforms that would allow private companies to explore the country's oil and gas reserves. The proposal requires constitutional changes that strike at the heart of one of Mexico's proudest moments: President Lazaro Cardenas' nationalization of the oil company in 1938.

Mexico could make North America the world leader in oil production

Mexico is poised to join the North American oil revolution as a new government is moving to significantly modify 75-year-old constitutional restrictions against foreign involvement in the oil sector, allowing U.S. firms to go in for the first time and help develop the country's sizable untapped reserves. Published September 12, 2013

** FILE ** In this Aug. 14, 2013, file photo, people check out opportunities during a job fair in Miami Lakes, Fla. (AP Photo/Alan Diaz, File)

Unemployment down to 7.3 percent in August; 169K jobs added

The nation's economy continued to slowly but steadily improve last month, with the unemployment rate declining further to 7.3 percent — the lowest in nearly five years — and businesses adding another 169,000 jobs, the Labor Department reported Friday morning. Published September 6, 2013

An unidentified woman answers questions on a job application at a job fair in Sunrise, Fla., on Tuesday, Jan. 22, 2013. (AP Photo/J. Pat Carter)

Thanks for nothing: Despite promises, blacks lag behind in Obama economy

Having the nation's first black president in office for the past four years has done little to improve the economic lots of black Americans, who experienced greater unemployment than whites during the Great Recession of 2007-2009 and a slower recovery since then. Published August 28, 2013

Nasdaq halted trading for three hours on Thursday because of a technical problem, the latest glitch to affect the stock market. (Associated Press)

Operator error: Nasdaq glitch raises questions about stock market robots

It was supposed to make the stock market run smoother and more efficiently. But the near-total computerization of stock trading in the U.S. led once again to a huge technical glitch that, for three hours on Thursday, stopped trading altogether on the Nasdaq Stock Market, with investors unable to buy or sell a long list of heavily traded tech stocks from Apple to Facebook. Published August 22, 2013

Wal-Mart is building a 106,000-square-foot store on Georgia Avenue but is threatening to stop its plans to provide as many as six stores in the city after the D.C. Council passed a bill requiring a minimum wage of $12.50 per hour. The outcome will provide insight into whether mega-retailers can continue their drive into the nation's urban cores. (Andrew Harnik/The Washington Times)

D.C. draws Wal-Mart into Democrats' political battle over wages

It's high drama and riveting politics these days as Wal-Mart Stores Inc., the nation's most thoroughly red-state retailer, charges deep into blue-state territory in its efforts to expand beyond its comfortably established realm in rural America and suburbia by moving into the often hostile territory of inner cities. Published August 21, 2013

President Obama tours the home framing assembly area at Erickson Construction in Chandler, Ariz., on Tuesday. Mr. Obama annouced support of a Senate bill that would eliminate mortgage giants Fannie Mae and Freddie Mac. (Associated Press)

Obama supports Senate bill to kill Fannie, Freddie

President Obama on Tuesday sought to prod along a rare bipartisan effort in Congress by throwing his weight behind a Senate bill that would eliminate mortgage giants Fannie Mae and Freddie Mac but maintain a government guarantee on high-quality 30-year mortgages so that the popular instruments do not disappear from the marketplace. Published August 6, 2013

** FILE ** In this photo taken Thursday, May 9, 2013, Jennifer Wilhoit of U.S. Express, left, talks with Devin Washington while others wait in line as 63 companies participate in a job fair at the Brainerd Crossroads in Chattanooga, Tenn. (AP Photo/Chattanooga Times Free Press, John Rawlston)

U.S. growth accelerates despite spending cuts

The U.S. economy has grown significantly faster than previously thought during President Obama's years in office, clocking in at a healthy 2.4 percent pace on average between 2009 and 2012, under sweeping revisions of the gross domestic product report published Wednesday by the Commerce Department. Published July 31, 2013

Fly-fishing is just one of the activities shared by businessmen, regulators, bankers and political leaders during the annual Rocky Mountain Economic Summits organized by brothers Justin and Cody Hyde at their Wyoming ranch. (Russ Dixon)

Getting business rolling: Entrepreneurs hold retreats to forge unlikely bonds

As entrepreneurs who had parlayed a local cleaning business in Wyoming and Utah into a multimillion-dollar enterprise with holdings in hotels, ranches, auto dealerships, sports teams and more, Justin and Cody Hyde knew that meeting the right people and developing good relationships — even with adversarial regulators — was part of the solution for businessmen like themselves. Published July 29, 2013

Moody's withdraws U.S. downgrade threat

Ratings agency Moody's Investors Service on Thursday withdrew its threat to downgrade the U.S. government, citing a much-improved outlook for the budget deficit and moderate economic growth that is helping to keep the federal deficit on a downward path. Published July 18, 2013

**FILE** Federal Reserve Chairman Ben S. Bernanke speaks during a news conference in Washington on March 20, 2013. (Associated Press)

Bernanke: Fed could keep cash infusion going

The Federal Reserve might put off its plans to stop infusing cash into world financial markets in the middle of next year if Congress enacts further deep budget cuts that prevent a pick-up in economic growth, Fed Chairman Ben S. Bernanke told a congressional hearing Wednesday. Published July 17, 2013

The deadly derailment of a train in Lac-Megantic, Quebec, shows the dangers of transporting oil by rail through highly populated areas. Canadian authorities said they have opened a criminal investigation. (The Canadian Press via Associated Press)

Canadian rail accident bolsters safety argument for Keystone oil pipeline

The deadly derailment and explosion of rail cars carrying crude oil through Quebec last weekend highlighted the dangers of the growing trend of shipping more fuel by rail in the U.S. and Canada, and analysts say it may add to pressure on President Obama to approve the Keystone XL pipeline. Published July 9, 2013

A sign advertising unleaded gas for $2.99 a gallon is seen at a QuikTrip station at the corner of Woodruff Rd. and Verdae Blvd. on July 1, 2013 in Greenville, S.C. (Associated Press)

Surge in U.S. oil production holding down prices

A surge in U.S. production of premium crude oil from shale deposits in the Midwest is helping to hold down world oil prices and has prevented a spike in U.S. gasoline prices this summer. Published July 2, 2013

** FILE ** Job seekers at a recent Los Angeles career fair were less likely than before the recession to find full-time work. Starting Jan. 1, larger employers must provide health care benefits to those who put in at least 30 hours a week. (Associated Press)

'Obamacare' benefits mandate could further phase out full-time work

President Obama's health care reform is prompting employers to hire more part-time and temporary workers to escape paying benefits under a mandate that goes into effect next year, amplifying a trend toward transient employment that took hold during the recession, according to a growing number of economic indicators. Published June 16, 2013